DGSE Companies, Inc. (AMEX:DGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and internet channels, today announced its results for Superior Galleries’ April 10, 2008 Santa Clara Elite Auction, where Superior Galleries is the official auctioneer. This 800 lot event realized $945,000 inclusive of the buyer’s premium.

Some individual highlights of this auction included:

* 724 – Fr. 376 1890 $50 Treasury Note PMG VF $143,750
* 513 – 1801 $10 Capped Bust NGC MS62 $35,880
* 552 – 1907 $20 High Relief, Flat Rim NGC MS64 $35,075
* 275 – 1889-CC Morgan Dollar ANACS MS62 $20,700
* 529 – 1871-CC $20 Liberty PCGS XF40 $19,550

Commenting on the Superior Galleries Beverly Hills Elite Auction, Senior Vice President of Auctions Paul Song said, “We are delighted to have set a new record for the grade for lot 724, the 1890 $50 Treasury Note Fr. 376, graded PMG VF. This rare piece of American currency brought $143,750 which represents the highest price ever achieved for a similar note in VF grade at auction. This item sold to one of Superior Galleries’ private collectors on the telephone amid fervid bidding. Our strong results are a testament to the attention and care that we have been putting toward creating the finest auctions in the industry.”

Mr. Song continued, “We are now concentrating our efforts on our May 26-27, 2008 Pre-Long Beach Elite Auction, which will feature the Roadrunner Collection of U.S. Coins, the PamGold Collection of English Coins, and the Precious Bird Nest Collection of High Relief Double Eagles.” For more information on this auction, or on how to consign to one of our future Elite Auctions, please call Paul Song or Aaron Malone, Consignment Director: 800-545-1001 or consign@sgbh.com. Space is limited in all of our exclusive Elite Auctions, so please contact us well in advance to reserve a spot alongside these or future special numismatic treasures. (more…)

DALLAS–DGSE Companies, Inc. (AMEX:DGC), today announced its results for Superior Galleries February 11-12, 2008 Beverly Hills Elite Auction. This 700 lot event continues a multi-decade tradition of Pre Long Beach Elite Auctions. This auction, anchored by the stellar Turtle Rock Collection, realized $1,935,263.00 inclusive of the standard 15% buyer’s premium amid active bidding.

Some individual highlights of this auction included:

* 491 – 1827 Capped Bust Dime NGC PF67 $120,750
* 353 – 1879 $4 Stella PCGS PF58 $109,250
* 497 – 1833 Capped Bust Dime NGC PF66 $82,800
* 488 – 1820 Capped Bust Dime NGC PF66 $80,500
* 496 – 1831 Capped Bust Dime PCGS PF66 $80,500
* 501 –1845 Liberty Seated Dime NGC PF67 $71,300
* 325 – 1854 $1 Gold Indian Type Two PCGS MS66 $66,125
* 430 – 1852 Augustus Hubert $50, 887 THOUS, reeded $29,900

Commenting on the Superior Beverly Hills Elite Auction, Senior Vice President of Auctions Paul Song said, “We are delighted with our results, particularly with the record prices realized by the Turtle Rock Collection of Proof Dimes. This was our fourth successful auction in four months, and we are so pleased to continue to be able to offer the freshest numismatic material to our clients. Our strong results are a testament to the attention and care that we have been putting toward creating the finest auctions in the industry. Personalized marketing to key bidders helped drive prices on important lots, particularly in our anchor collections. (more…)

Superior Galleries conducted it’s Pre-FUN 2008 Elite Auction at the International Plaza Hotel in Orlando on January 5th and 6th with exceptional results.

This 800 lot event formally inaugurated Superior’s 2008 auction season with extremely strong prices. The auction, was anchored by the stellar Irene Collection of Rarities, and the LRIS Collection, among others, and realized $2.63 million.

Commenting on the Auction, Senior Vice President of Auctions Paul Song said, “We are very pleased to have begun the 2008 auction season on such a high note. This was our third auction in three months, and we are delighted to continue to be able to offer the freshest numismatic material to our clients. Our strong results are a testament to the attention and care that we have been putting toward creating the finest auctions in the industry. Personalized marketing to key bidders helped drive prices on important lots, particularly in our anchor collections.

We were especially pleased to have realized $178,250 for the extremely rare 1876-CC Seated Liberty PCGS PF65 Dime from the stellar Irene Collection, by far a world record for this coin which had been off the auction market for over two decades.” Of similar note from the Irene Collection, lot 651, the 1851 US Assay Office $50 887 THOUS. NGC MS62 realized a very strong price of $189,750. Perhaps the biggest surprise in the auction was the group of 5 gold so-called annular patterns from the LRIS Collection, which virtually all realized world record prices at auction and together realized in excess of $230,000, all 5 going to the same collector. (more…)